Nelson County Volunteer Firemans Association

Analysis

Nelson County Volunteer Firemans Association is a registered charity in United States, based in Lovingston, VA. It received its IRS tax-exemption ruling in March 2003, 23 years ago. Its declared purposes cover public safety, disaster preparedness and relief, which this site groups under armed forces, emergency and public safety. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Nelson County Volunteer Firemans Association reported income of $122k and spending of $176k, spending 145% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $553k to $122k (-78%), an average of -32% a year. The sharpest change came in the year to December 2020, when income dropped by 83%. Over the whole period it spent 116% of the income it received.

Among 9,128 United States charities whose main cause is armed forces, emergency and public safety and that reported income, Nelson County Volunteer Firemans Association sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 41st percentile within VA. Charities of a similar size with the same main cause include White Oak Borough Volunteer Fire Company No 1 ($122k), Summer Shade Volunteer Fire Department Inc ($122k) and Hillsgrove Volunteer Fire Company ($121k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $422k against liabilities of $0, net assets of $422k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.